Workers’ compensation claim denial rates increased a little over one percent between 2014 and 2017, according to a white paper published earlier this year by Lockton. The increase is significant because of the increased costs associated with denied claims. The …
In a new white paper, Lockton assesses the risks Buddy the Elf encounters in his new environment and at the North Pole. According to Lockton’s analysis of the movie “Elf” (2003), there are many lines of insurance that could come …
Despite attempts to control scrap metal sales, international demand has driven the theft of metals, especially copper. Metal thefts primarily occur at vacant properties and can leave building owners with substantial replacement and restoration costs. Oldham said the replacement costs …
Employment of workers aged 65 or older grew by 101 percent between 1997 and 2007, while employment of individuals 75 and older increased by 172 percent, according to the Bureau of Labor Statistics. By 2020, one in four Americans will …
When it comes to workers’ compensation claims, low back injuries are the most costly musculoskeletal condition representing 20-25 percent of all loss, according to an analysis of Lockton claims. Further analysis of claims over $250,000, indicate they represent 25 percent …
Once again, the elves at Lockton have been busy in their workshop analyzing yuletide risks. This year, they have issued a stocking-full of seasonal analysis based on the risks found in the classic holiday movie, “A Christmas Story.” According to …
Lockton Companies has named Sheri Wilson as national property claim director to advise Lockton clients on complex property insurance claims. She is based in the insurance broker’s Dallas, Texas, office and serves as an expert resource for all of Lockton’s …
Santa Claus will need a lot more than milk and cookies this Christmas—he’ll need about $1.2 million to pay for insurance coverage. That will buy him peace of mind and about $1.175 billion in coverage for all of the exposures …
Lockton, a privately held insurance broker, is launching a package of risk management solutions called Enterprise Disruption Contingency Insurance designed to help companies cope with previously “uninsurable” risks. Lockton’s Enterprise Disruption Contingency Insurance offers an “umbrella solution” for such gray …